For Clear Secure Inc [YOU], Analyst sees a rise to $20. What next?

Clear Secure Inc [NYSE: YOU] plunged by -$0.9 during the normal trading session on while it closed the day at $17.18.

Clear Secure Inc stock has also loss -2.05% of its value over the past 7 days. However, YOU stock has declined by -8.91% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.06% and lost -15.53% year-on date.

The market cap for YOU stock reached $1.54 billion, with 91.79 million shares outstanding and 79.80 million shares in the current float. Compared to the average trading volume of 1.64M shares, YOU reached a trading volume of 6560593 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Clear Secure Inc [YOU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for YOU shares is $24.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on YOU stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Clear Secure Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on December 20, 2023. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on October 17, 2023, representing the official price target for Clear Secure Inc stock. Previously, the target price had yet another raise to $30, while JP Morgan analysts kept a Neutral rating on YOU stock.

The Average True Range (ATR) for Clear Secure Inc is set at 0.80, with the Price to Sales ratio for YOU stock in the period of the last 12 months amounting to 2.33. The Price to Book ratio for the last quarter was 9.33, with the Price to Cash per share for the same quarter was set at 0.72. Price to Free Cash Flow for YOU in the course of the last twelve months was 6.84 with Quick ratio for the last quarter at 1.19.

YOU stock trade performance evaluation

Clear Secure Inc [YOU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.05. With this latest performance, YOU shares dropped by -14.78% in over the last four-week period, additionally plugging by 3.06% over the last 6 months – not to mention a drop of -29.99% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for YOU stock in for the last two-week period is set at 37.43, with the RSI for the last a single of trading hit 34.80, and the three-weeks RSI is set at 39.13 for Clear Secure Inc [YOU]. The present Moving Average for the last 50 days of trading for this stock 19.09, while it was recorded at 17.72 for the last single week of trading, and 19.99 for the last 200 days.

Clear Secure Inc [YOU]: An insightful look at the core fundamentals

Clear Secure Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.19 and a Current Ratio set at 1.19.

Clear Secure Inc [YOU]: Institutional Ownership

The top three institutional holders of YOU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in YOU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in YOU stock with ownership which is approximately 5.8386%.